ALGF .0008 this stock has been catching a bid as of late,volume has slowly came in the past few trading days, the stock OTC pink current and posted financials on March 28 so the company is very much active, unfortunately there have been some r/s in the company but what draws me most is the share structure
Share Structure Market Value 1 $486,793 a/o Apr 20, 2012
Shares Outstanding 608,491,180 a/o Apr 23, 2012\
Float 67,162,107 a/o Apr 23, 2012
Authorized Shares 1,998,000,000 a/o Apr 23, 2012
The ss is very much current as of April 23 which is today,so why would they update ?maybe news? Now lets take a look at float 67 million, this is extremely thin and monitoring the level 2 ,any news with volume can very well be explosive
RSI buy zone
http://stockcharts.com/h-sc/ui?s=algf
TLAN .0012 This stock has gone down on low volume, the company has stayed silent for quite some time , the share structure is solid with solid financials, but the lack of updates and news by the company has hurt the stock price per share , but I am a firm believer of buying a stock when no one is watching, this stock posted financials after hours and with the solid share structure could very well see a nice rally. This stock short tem could see .004 and eventually .01
SS unchanged since JUNE
guess float is still 119M
company had profit
net income $32k
better than expected
http://www.otcmarkets.com/financialReportViewer?symbol=TLAN&id=79091
KNOS .001 this stock saw unusual volume and for low pps stock few shares in volume sent this 200% high , the stock caught a very nice bid with virtually no sellers, the close above both 50 and 200 moving averages speaks for itself , with big volume there could be news around the corner
Test of 52 week high .0018 could literally see a blue sky breakout
http://stockcharts.com/h-sc/ui?s=knos
ITKH .0034 Today's volume of 16.8 million shares is quite telling,since the 10 day average is just 1,862,047 shares in volume.
This company posted significant revenue in feb as per last news over 6 million that is quite alot for a stock trading at .0034 The company is expected to release Earnings and Financials soon this could propel the stock
Today there seem to be phantom sell at .0028 for 7.5 million possible short but did not affect stock as it closed .0034 the volume precedes price
RSI in buy zone and expected financial could very well send .01 range at some point
50&200 about to cross on chart
http://stockcharts.com/h-sc/ui?s=itkh
KEY POINTS
PPS valuation: Look at the latest Semi-Annual Report http://www.otcmarkets.com/
6 months Total Revenue: $6.2 million
6 months Gross Profit : $840K
One year Gross profit: $1.68 Million
O/S: 481 million
At P/E = 10, the market cap should be $16.8 million
PPS should be $0.034. This is just conservative. Also the company is growing at 20% annually. Just look at the previous year results and you will understand the
company's growth.
News on Feb 20, 2012: iTeknik Holding Corporation Posts More Than $6 Million in Sales in Its FY 2012 Half Year Financial Report
http://www.otcmarkets.com/
Company's growth posted last year: iTeknik Holding Corporation Posts Profit and 59% Sales Increase in FY 2011 Annual Report
http://ih.advfn.com/p.php?pid=
Reverse Merger in Progress - iTeknik Holding Corporation Seeks Merger/Acquisition Candidates
http://ih.advfn.com/p.php?pid=
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